Walmart does have third party sellers on line, and they do aly lease space in stores to vendors. That's another part of the modern walmar business model. As you can just basically least square footage stockit. And like target, has those two an also brilliant way to increase your margins as a retailer,. or allow you to sell at lower prices, in walmart's case.
We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.